Answer:
Order size = 23 cars
The number of orders = 23
Explanation:
The economic order quantity (EOQ) is the order size that reduces the balance of holding and ordering cost. It is to be noted that at EOQ, the carrying cost is equal to the holding cost.
The EOQ is computed as shown below;
= √ 2 × Co × D)/Ch
Co = Ordering cost
D = Annual demand
Ch = Carrying cost
EOQ = √ 2 × 500 × 529 / 1,000
EOQ = 23
Number of cars to be ordered per time, I.e optimal order size = 23
Order size = 23 cars
2. The number of times orders should be placed per year would be calculated as;
Number of orders = Annual demand / Order size
Number of orders = 529 / 23
Number of orders = 23
the answer is d because they really don't
want anyone having under a 3.0
Answer:
quality modification
Explanation:
In marketing, quality modifications refer to changes made on the product's characteristics to change its durability, perceive quality and dependability. Hopefully all quality modifications should be done to increase the product's quality, but they can also be done to offer cheaper versions also. Generally lower quality versions are made to appeal to broader markets.
In this case, the quality modifications are made to increase perceived quality and appeal not to a mass market, but instead to appeal to an upscale market.
When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.
<h3>Who is an entrepreneur?</h3>
This is the person that is referred to as the one that opens and runs a business for the sake of making gains which is referred to as profit.
The entrepreneur is a person that is interested in being able to come open and run a business and also manage the risks that are involved in the business. Such a person is innovative in nature and they are able to take risks.
Hence When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.
Read more on an entrepreneur here: brainly.com/question/353543
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